Investors

Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.

Circular To Shareholders In Relation To The Proposed Acquisition By Axiata Investments (Indonesia) Sdn Bhd (AII) And PT XL Axiata TBK (XL) Of 1,816,735,484 Ordinary Shares In PT Link Net TBK (Link Net) (Link Net Shares), Representing Approximately 66.03% Equity Interest In Link Net For A Total Cash Consideration Of Indonesian Rupiah (IDR) 8,720,330,323,200 (Equivalent To Approximately RM2,572,497,445) (Proposed Acquisition); And Proposed Mandatory Tender Offer By AII To Acquire All The Remaining Link Net Shares Not Owned By Aii And XL After The Proposed Acquisition

Back 11 May 2022
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY AXIATA INVESTMENTS (INDONESIA) SDN BHD (AII) AND PT XL AXIATA TBK (XL) OF 1,816,735,484 ORDINARY SHARES IN PT LINK NET TBK (LINK NET) (LINK NET SHARES), REPRESENTING APPROXIMATELY 66.03% EQUITY INTEREST IN LINK NET FOR A TOTAL CASH CONSIDERATION OF INDONESIAN RUPIAH (IDR) 8,720,330,323,200 (EQUIVALENT TO APPROXIMATELY RM2,572,497,445) (PROPOSED ACQUISITION); AND PROPOSED MANDATORY TENDER OFFER BY AII TO ACQUIRE ALL THE REMAINING LINK NET SHARES NOT OWNED BY AII AND XL AFTER THE PROPOSED ACQUISITION



Please refer attachment below.

 

Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 11 May 2022
Category Document Submission
Reference Number DCS-10052022-00001

Attachments

  1. Axiata_-_Circular_(Part_1).pdf (Size: 1,989,753 bytes)
  2. Axiata_-_Circular_(Part_2).pdf (Size: 2,867,732 bytes)